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's specious. >>> the economy took an urn expected turn. it shrank for the first time since the great recession. >> reporter: the headline may be disappointing, but the underlying economy was showing renewed strength at the end of last year. consumer spending, which drives 2/3 of the economy was up 2.2%. home building soared more than 15%. and it contributed to economic growth in 2012 for the first time in six years. only government spending cuts on defense caused overall economic growth to flat-line. >> the fiscal tightening is taking a toll. it took a toll on growth in 2012. it will take a toll again in 2013. >> reporter: but in the trade channels of the u.s. economy, the tide appears to be turning. >> i think it's getting better. things are definitely getting better. >> reporter: robert landry is chief commercial officer at portland of new orleans. >> do you think of the port as a leading indicator? >> we are. we see a lot of things before it hits the economy. when people are making decisions, they're making them months in afrd vance to get them -- in advance to get them on board a ship. we'
, family reuniting and the talk of a positive impact that immigration has on the economy were all well receive people acting in community together said that no one is looking for a free ride. >> i think earned citizenship, people are willing to pay fines for coming here. i -- families have said that to me personally. >> i talked with the pastor of our lady of guadelupe church, who was in the audience and he said that he thinks that immigration reform is imminent. i talked to the father this afternoon, and he said that the president was right to talk about the immigration in terms of the impact on business and the economy. i will share more with you coming up on nbc bay area news. >> chris, we will see you then. still ahead, against all odds, a soldier that survived losing four limbs on the battlefield, now this vet is using his experience to inspire others. >> also, this is a story that belongs to everyone. and it is so cool to be able to share this with everyone. >> a trip down memory lane ends with history being rewritten, what a woman found out about her family that could change the
. the controversial comment from san francisco's archbishop. >> is the stock market growing while the economy is shrinking? it sounds more like a rid. sam brock takes a look in tonight's reality chicagoing. >> i'm janelle wang. america's next possible defense secretary in the hot seat. the angry questions directed at chuck hagel. an explosion in mex stow city at a major oil company leaves more than a dozen dead. world tonight is next. you're on timeout leo! some things won't last 25 years. ah! woof! some things will. some things won't last 25 years. ah! woof! some things will. >>> it was a grilling on capitol hill today. pointed questions for president obama's phenomenon knee for secretary of defense. and many of those questions came from the nominee's own party. >> janelle wang is here with our world tonight. janelle. >> former february nebraska senator chuck hagel hammered today at his senate confirmation hearing. one of the most heated exchanges came from his former friends senator john mccain who grilled hagel on his opposition to the 2007 surge of u.s. forces into iraq. >> deserves your
you know why this one took so long. >>> some solidly mediocre news about the economy, and the dow crosses 14,000. business news just ahead. >>> and nothing mediocre about the forecast on this first day of february. you may think we're moving into spring based on the temperatures we're already seeing outside right now close to 60 degrees. could see 70 in parts of the bay area. we'll look at your super bowl weekend forecast when we come right back. >>> there's more news this morning. the american economy is stuck right in neutral, but scott mcgrew says, hey, the stock market didn't even seem to notice. >> yes, good morning. starting with jobs, the american economy added 157,000 jobs to the month of january. that's a solid number, kind of a huh number. the unemployment rate rises to 9.7%, up 0.1%. now on wall street, they seem not too bothered about that. in fact, the dow industrials crossed over 14,000 for just a little bit there. here we see the nasdaq open. they're wearing red because of heart health. the federal trade commission this morning says the app path will pay $800,000 in
there was strength in construction, manufacturing, and retail hiring. the labor department also said the economy added 422,000 more jobs last year than first reported. that upped the average monthly job growth in 2012 from 153,000 to 181,000. but the economy is facing new head winds, with the payroll tax rising again. from 4.2% to 6.2%. >> how much impact do you think the payroll tax hike is going to have on growth? >> consumers are faced with a drop in real disposable income of more than 2% in the first quarter. that's going to impact spending. that's going to shave a percentage point off of gdp growth. >> and slower growth, of course, means less hiring. many economists believe that will only be a temporary setback to the economy while people adjust. anthony mason, cbs news, new york. >>> we are less than 42 hours away from kickoff at super bowl xlvii. >> and no one is more excited than dennis o'donnell. he wants to go on another week, maybe two. dennis. >> you have no idea. you have no idea how much i like these press conferences and sound bites. two more weeks of this. >> i have a small
hurt the economy if they kick in as scheduled march 1. the president is proposing the smaller budget deal now and a bigger one later. danielle nottingham has the latest from washington. >> reporter: president obama is calling on congress to come up with billions in spending cuts as a short-term fix to stop massive automatic across-the- board cuts set to take effect in less than a month. >> our economy right now is headed in the right direction. and it will stay that way as long as there aren't any more self-inflicted wounds coming out of washington. >> reporter: last year congress and the president signed off on the automatic cuts to force themselves to deal with the nation's skyrocketing debt. the original deadline was january 1. and when they couldn't reach a larger budget deal then, they postponed it to march 1. the white house wants another short-term fix to head off a hit to the fragile economy and give lawmakers more time to work out a 10-year plan. the president continued to push an approach that includes more tax revenue along with spen
to analysts it is a multitude of factors. one is because the economy is doing well as though the cost of crude oil is ouup. another thing is processes are turning over to the spring/summer blend. that means some of these production is down why they make that switched over. as we get closer to the summer blend we may continue to see prices go up. they may continue go up all the way through april. >>-i knew i should fill up three days ago. >> the good news is that gas will probably be more expensive so fill up today and again be your friend. >> i have no choice, have 2 mi. left. >> the good news is today's gas prices will be cheaper than tomorrows. americans are bombing about 4% of their incomes into buying gasoline. the energy barbets is u.s. households spent an average of just over $2,900 on gasoline last year. that is eyes level and for years. the percentage rates similar levels in 2008, when a red hot global economy and panic over dueling surprising gas prices to the roof. the nationwide average price for gas of regular gas out cast it $3.60 last year also a record high. >> police have relea
,000 mark. don't break out the bubbly yet, the economy shrunk. >> so what? >> what does it mean al jazeera? >> i'm not sure i don't know. >> all that the maers. >> ray lewis strongly denied any link to deer antler velvet. >> it's never been a question if i ever even thought about using anything. >> lewis says it's ridiculous he would use deer extract, then he darted across a busy road and hopped into the field. >> i really think i'm the greatest receiver to ever play this game. >> i impacted the game by winning super bowls. >> randy moss told his teammates they are in new orleans on a business trip and went back to his job catching a ball for money. >>> welcome to "cbs this morning." breaking news a large and dangerous storm is moving from the south. it hit eastern missouri arkansas and tennessee. homes were damaged trees and power lines knocked down thousands lost power. >> the front stretches from texas to the northeast. one man has been killed in nashville and the storm also left its mark across indiana. reporter jessica hayes of wish-tv is in indianapolis. >> reporte
jones starting next month above the 14,000 mark the presidents said our economy is poised to expand. >> 2013 can be a year of solid growth, more jobs and higher wages but that will only happen if we put a stop toself inflicted wounds in washington. >> and this morning the president once again called on congress to work together on a balanced approach to reduce the deficit and promote economic growth. he said businesses created 2.2 million jobs last year. he suggests economic reforms including reducing the cost of health care programs like medicare and closing loopholes in the tax code. >>> this is the first time in five-year that the dow closed above 14,000. it had dropped as low as 6600 in 2009, increased consumer confidence, manufacturing and auto sales are credited for the surge. >> we are moving in the right direction compared to a lot of other countries we are in a good position. >> the economy has improved. you can put the money in the bank but you earn no interest. >> economists say many prefer american investments because the european markets struggling and many conside
:47 now. a surprise report on the economy from the last quarter of last year. here now to chat about that, kcbs radio's financial reporter jason brooks. good morning. >> reporter: good morning, frank. certainly a cloudy picture of the 4th quarter. we knew it was a slowdown from the 3rd quarter but not as bad as it came out. economists expected about a 1% gain. commerce department says the economy fell by a tenth of a percent in the 4th quarter. first drop since the recession. that compared to a 3.1% gain in the 3rd quarter. now, a big cut in defense spending really led to this. defense spending down 22%. biggest drop for that in 40 years. seen as a one-time factor. the january jobs report comes out on friday. and private payroll tracker adp reports that there was a gain of 192,000 jobs this month which is better than what was expected. although it did revise its december number lower from 215 to 185,000 jobs. >>> facebook reports its earnings after the closing bell today. it's expected to see better numbers than a year ago. the key figure will
a satellite in the space. south korea is the fourth largest economy. two previous launches failed and two others were aborted. north korea successfully fired a rocket launch last month. the white house called the launch a cover to test banned missile technology. >>> the state department will hold a welcoming ceremony for john kerry who is confirmed by the senate as the next secretary of state. the vote was 94-3. he could be sworn in as early as friday. no official date has been set. the governor of massachusetts says he will opponent a temporary senator to fill his seat. >>> secretary clinton doesn't see herself getting into politics. she plans to focus on public service, speaking, and writing. she didn't rule out a run for the white house in 2016. whatever her decision he is healthy and ready. >>> later today police and volunteers will pass out crime prevention tips and resources to help business owners avoid scams. in the past, criminals have taken advantage of businesses by asking for money as part of the lunar new year tradition. >>> brentwood police have released two connections in t
-time highs yesterday we got a report that the economy shrank last quarter so which direction are we moving in economists at j.p. morgan chase and morgan stanley say the economy will rebound after plunging defense spending hurt and the chief economist at middle east analysts say the growing strength in the labor market will light a fire under growth. we will see how the market is this morning. weekly jobless claim numbers were worse-than-expected so still the markets are optimistic and trading higher. the silicon valley index is positive. facebook shares are lower, disappointing investors with the latest earning reports. barbie fans, the first barbie cafe open in taiwan. the hot pink diner features pink tables and sofas and the staff wears pink tutus. how about taking your spouse on a romantic trip open valentine's day? the majority of people who travel say their relationship with their loved one would improve if they went on more trips together. men are more inclined than women to go on a romantic trip, new york and san francisco are among the top choice destinations. >> vacation to san fr
consistent job growth and some think the economy added 155,000 jobs last month but they expect the unemployment rate to remain at 7.8 percent. >> senator john kerry is set to be sworn in today as secretary of state after an emotional farewell to the senate after representing massachusetts for the past 28 years. he is set to take the oath of office for his new post in a small private ceremony. john kerry will succeed secretary of state, hillary clinton, who officially steps down today. at his request, john kerry will be sworn in by supreme court justice kagan. >> next, the bag of jewels police in the east bay are trying to reunite with its owner. >> new warning of energy drinks and what they could to do your >> welcome back, this morning police are looking for the owner of a bag of jewelry found in fremont. these are pictures of the jewelry found in a bag. a maintenance worker found the bag in the bushes yesterday morning. many of the items still have the price tags attached. if some of this belongs to you, contact the fremont police department. >> this morning, another reminder
:45. great news on the economy is sending stocks to highs we've not seen in six years. ktvu's pam cook is in the newsroom now with the exciting news on wall street. good morning, pam. >> good morning. two good reports are getting credit for taking the dow up to new heights right from the opening today. british opening -- [opening bell] >> the dow has pulled back a little bit. but that's typical. the index will test a new level for a bit until investors and economists weigh in whether or not the momentum will continue. in the past week, the s&p 500 has been testing the 1500 mark, both seen as very good, positive signs on the economy. helping drive the numbers, this morning's jobs report indicates that the jobs market is recovering. slowly but recover. there's another good report on manufacturing that shows growth in the u.s. as well. now, the unimemployment rate did inch up -- unemployment rate did much up but analysts say that could be because more people are starting to look for work. so they are counted in those numbers again. >>> let's take a live look at the big board right now to
was in october of 2007, before the financial crisis rocked the economy. experts disagree, to some it's a number only and investors are feeling more o mystic and thus more willing to invest. the nasdaq is up 35 and the s&p 500 up 14. >>> one of the big reasons the dow was up is this morning's jobs report. according to the labor department, u.s. employers added 1 57,000 jobs in january and the unemployment rate was unchanged, at 7.9%. analysts say that could be because more people are starting toking look for work. january's report marks 35 consecutive months of job growth. >>> the attack on the u.s. embassy in turkey comes on the same day that john kerry stakes over as secretary of state. kerry will be sworn in at the state department this afternoon. before starting his new job, kerry made his farewell tour across massachusetts yesterday. he said he wanted to thank the people he's represented in the senate for 29 years. >>> and hillary clinton just gave her farewell speech to the state department this afternoon on her last day as secretary of state. this is video of clinton leaving home this mor
, a wild ride for the american economy. stocks surge to their highest close in more than five years, nearing an all-time high. but unemployment ticked up. then there's the price of gas. suddenly sky-high again. >>> there's been another terrorist attack on a u.s. outpost overseas. our own richard engel is there, all of it playing out when we get a new secretary of state. >>> new rules in the ongoing fight over birth control coverage. the president makes an offer. the question is, will religious leaders give it their blessing? >>> and the big game. it's all over, but the shouting, the fans are in place, the excitement is building. oh, but wait. we're talking about the puppy bowl on sunday. "nightly news" begins now. >>> from nbc news world headquarters in new york, this is "nbc nightly news" with brian williams. >>> good evening. late today the stock market crossed over something of a mythic mark of the modern era and the dow jones industrials closed above 14,000 for the first time since 2007. and we all remember what happened back then. the stock market has been on a tear of late, ga
the numbers over the past two years. the economy created 180,000 jobs per month in 2011 and 2012 up from an estimate from 150,000. the government says the u.s. unemployment rate clicked up to 7.9% from 7.8. >>> a watering hole tonight, a new location. the lounge celebrated the official reeping at the new fisherman wharf location. it came here after a conflict with their landlord. they return just in time for the 49ers return to the super bowl. the mayor proclaimed gold dust lounge day and promised to drop by during sunday's game. >>> the first day of san francisco's nudity ban. what protesters did and how the police reacted. >>> hilary rodham clinton departure today is just the tip of the iceburg. the big shovel in the white house cabinet. >>> the warming trend has come to an end. how much cooling you can ebgt pect [ female announcer ] safeway presents real big deals of the week. or how to get great prices on things you need. we know you look around for the best deals. that's why we give you real big club card deals each week. right now best foods mayonnaise is just $2.77. so pile it on.
. >> the president said the economy is poised to expand this year after 2.2 million jobs were created last year. republicans say this is the chance for congress to begin balancing our nation's checkbook. jump starting the economy and restoring faith in our government. >>> energy secretary steven chu is stepping down. the former head of the lawrence berkeley national lab drew a lot of political fire during his tenure on the president's cab net. but as abc7 news political reporter mark matthew notes, khu also drew a lot of talent to the department as he worked to reshape its mission. >> at the white house, president obama publicly thank the steven chu for his service. steven has a great friend, a tremendous colleague working on a whole range of energy issues, but also designing a cap to plug the hole in the middle of the gulf of mexico when anyone else could figure it out. that's typical of the incredible contributionings he's made to this country. >> when he came here he had a nobel prize in physics but knee real experience in politics. >> he said honest things about climate change and energy wh
america compete for the best jobs and new industries. >> the president said the economy is poised to expand this year after 2.2 million jobs were created last year. republicans say this is the chance for congress to begin balancing our nation's checkbook. jump starting the economy and restoring faith in our government. >>> energy secretary steven chu is stepping down. the former head of the lawrence berkeley national lab drew a lot of political fire during his tenure on the president's cab -- cabinet. but as abc7 news political reporter mark matthew notes, khu also drew a lot of talent to the department as he worked to reshape its mission. >> at the white house, president obama publicly thanked steven chu for his service steven has a great friend, a tremendous colleague working on a whole range of energy issues, but also designing a cap to plug the hole in the middle of the gulf of mexico when anyone else could -- nobles to figure it out. that's typical of the incredible contributions he's made to this country. >> when he came here he had a nobel prize in physics but knee no real
compete for the best jobs and new industries. >> carolyn: president says the economy is poised to expand this year after 2.2 million jobs were created last year. republicans say this is the chance for congress to begin balancing the nation's checkbook jumpstart go the economy and restoring faith in our government. >>> energy secretary steven chu is stepping down. the former head of the berkeley lawrence lab drew a lot of fire but as political reporter mark matthews, he also drew a lot of talent to the department as he worked to reshape its mission. >> at the white house, president obama thanked him for his service. >> he has been a great friend over the past four years working on energy issues but also designing a cap to plug a hole in the gulf of mexico when nobody else could figure it out. >> when he came to washington in 2009 from u.c. berkeley he had a nobel prize in physics but no experience in washington politics. >> he said honest things about climate change and energy that he had to political reasons walk back during his confirmation hearings. >> things like coal is my worst nigh
in u.s. home prices and signs of strength in europe's economy and strong earnings report also helping power the gains. taking a live look at the big board, the dow is back above 14,000, up 123. the nasdaq is also 44 and s&p up 17. >>> dell computers is going private with a deal worth more than $24 billion. the texas company will be acquired by dell founder and a private equity firm. microsoft is also taking part in the deal with a $2 billion loan. dell is the number 3 computermaker in the world but has been losing market share to competitors, including hp. >>> san francisco's two championship teams are battling it out on the links in pebble beach. the 49ers and giants are competing in a charity golf event. the giants' lineup features bruce bochy and matt cain and ryan vogelsong. the 9ers are being represented by brent jones, dwight howard, former players. >>> phil mickelson will attempt to tie amare's record at mental beach. last week, he moved past sam sneed and jack nicklaus for second on the all-time list. >>> singer chris brown could find himself in more trouble. the los angeles d
start tonight with the economy. it took nearly five years but the dow is back above 14,000, a symbolic end to the worst economic crisis since the great depression. back in october of 2007 the dow hit an all time high of 14,164
. >> this just then. the january jobs report has came out. the economy added hiring hs picked up but we are seeing more people tried to enter the workforce. the unemployment rises. it is up to 7.9%. we will have more on the markets as kron 4 continues. at ikea, we don't just design furniture. we design good mornings. little experiments. big ideas. brighter ways. and better tomorrows you can take home today. imagine if everyday was just a little bit better for everyone. >> this is a live shot of interstate 80 where police are looking for this flat bed pickup truck. the driver has apparently kidnapped a child. we will give you more information coming up. this person is supposed to be a relative. >> new data from consumer intelligence research partners say that iphone users pay the highest monthly bills. 60 percent of iphone users holden said, that they pay more than $100 per month for their service. only 50% of android users fell into that same category. black berry and windows phone users paid even less. cirp says, that the reason is most likely due to a carriage users' fees which the ce
and making the economy worse because it takes money to fix it. >> i think that when the liquor kick and they went out to the streets and the crowd let them play. now the half to help prevent them from playing. they still have to get them relaxed but there are going to do more harm if they still let them go. this time, controlled bomb before it happens. >> the business owner of this restaurant el toro is that he did sustain damage and but he is hoping that things will be different because he is right next door to the police station. he is warning people to not come out and destroyed property. with the new media of everything is caught on camera and they will prosecute to the full extent. >> they have also been clearing some of those metal trash cans. to try to get the fuel out of the mission district. >> yes. of the public works to apartment have cleared out trash cans. according to that business owner he says that those have been able to be removed for that reason. they can take them and smash them and also warn business owners. the city has cleaned up those trash cans. >> thanks. k
yeefr's 1% growth rate.xhn with fears about the sluggish economy slowed thicks down. back to you. >> okay. thank you very much. see you tomorrow. >> just a gorgeous view from behind emily there. with ridge, blue sky autos felt like spring out there. >> it did. this is stunning. our rainfall sock. >> yes. >> so this is guilt free, then. you cannot find a cloud in the sky. it's awesome out there. satellite and radar image shows a cloud free sky over the bay area. here is a look at forecast features, clear, cool overmild night, cooler with a bit of unsettled weather next week but that is off at the moment. now, massive ridge of high pressure high and dry into the weekend. in san francisco, it's the third driest january n record. and the driest since 1976. just over half an inch of rainfall total. overnight tonight, chilly and once again, low temperatures dropping into mid-30s and locations like santa rosa and napa. inland east bay, chilly with low of 37 in livermore, climb into the south bay. sunny skies with highs 66 in san jose.Ñf 66 in redwood city. 65 degrees downtown to. 67 in
is a city with an economy that certainly thrives on tourism. and even after hurricane katrina, which took place in 2005, they're still rebuilding here. and big events like this certainly do help. and the people, they really are glad to see you. take a look. ♪ new orleans is getting ready to shine in the international spotlight yet again with the super bowl. it's the tenth out of 47 total that the crescent city has hosted. and you don't find too many fans with split loyalties. who are you rooting for? >> split down the middle right now. i probably a little more 49ers. >> reporter: craig is part of a group helping bring wounded veterans to the super bowl. and everywhere you look in the french quarter, the energy is emanating from the street level activity. and the local flavor is starting to emerge. >> welcome to new orleans. >> reporter: some wearing more 49ers and ravens gear than others. >> like from fredricks? >> i made this myself. i make all the costumes myself, except for the what you call it, the hardware of it. i make it all myself. and my bra has predicted the last three major s
to digest yesterday's shocker that the american economy actually shrank last quarter. tomorrow we get the january jobs report. so there's a lot of numbers to chew over. and i don't know if you're remotely interested in this, but a new picture of a new remote from comcast called the x1. the big deal is -- the reason it's resonating with tech bloggers, it has 29 buttons. the current remote has 53. they've been able to cut it in half. we are owned by comcast. still i think it's pretty cool. the engineers tell the philadelphia inquirer, we don't use about half the buttons on the current remote. we should get it soon. >> fewer options, in this case, is better. >> absolutely. it's nice the buttons are bigger. the tiny little ones -- >> you're getting old. >> i am, man. it's tough. good news on the horizon. >>> meteorologist christina loren, i know you're counting down the hours until you are live with al roker out at the ferry building tomorrow. >> i am so excited. jon kelley, old never looked so good. good morning to you. taking a live look. this is a hazy sky over san jose. we're not spar
this week, airasia x will not allow passengers under 12 to sit in the first seven rows of economy class. the additional cost for the seeds and the quiet zone is around 11 to $35. the budget airline says those child free rose also have softer lighting and are located away from toilets. how effective will this quiet free zone be? given its charge ignores many maybe even several away. we as yet kron4 facebook page and here's what you're saying this morning. dana bell says at a parent i would love this! that way i don't have to apologize every 10 minutes to a stranger. leslie says i don't see how this is to help. one can hear screaming kids while sitting in the front and a street kid is the back. i ever grown adults screaming themselves just like a child. and he says i will see how it could help the less there is some sort of sound barrier. >> i would pay to have them seated next that aanny. i'm not kidding. 7:28 a.m. and you can't move the tv there. yuh-huh. we have a wireless receiver. listen. back in my day, there was no u-verse wireless receiver that let you move the tv away from the tv
and that's after tensions over the european economy led to a rough trading day. and in the east, hong kong had its worst trading day of the year and checking in on our numbers, our futures indicate a pretty good opening yesterday. downed day as the dow jones industrial average tests that 1400 level and s&p 500 is crossing back and forth at 1,500. markets had their worst day of the year so far. >>> time now for for a new -- for a new battle over marriage, this one divides the entire country. >>> two trucks went into the canal, stay tuned. . >>> well come a back, time now 5:23, a dramatic collision between two trucks, reportedly the driver of the red dodge had a problem and sent both trucks smashing through a chain link fence and they ended up on the edge of the canal. the trucks ended up under a ditch and they did not end up in the water. one driver had minor injuries and the other driver was not hurt at all. >>> well a director is being asked to make a movie about the newtown connecticut shootings. this movie project has upset a lot of people in ridgefield. they say they will reject permit
in. >> this economy is headed in the right direction ask will stay that way as long as there aren't any self inflekted wounds-Ñ;n. >> it's a lot of money. it's down nearly $1.1 trillion. at a peak of $1.4 trillion at the end of president bush's second term. experts say the deficit could drop by 2015. >> today, british parliament legalized same-sex marriage that7:ru:u&d allow couples to get married in both civil and religious ceremonies if instit yug as agree to it. it needs to pass a final vote next week. the u.s. military appears ready to extend benefits to same-sex partners of service members. a final decision has not been made on which benefits would be included. pentagon is likely to aallow the partners to have access to some programs. the pentagon repealed a ban on openly gay service men and women 16 months ago stit of florida's python challenge seems to beç&ój paying dividen. the commission says 50 nonnative pythons have been captured during the first three weeks of the competition. officials organized this contevt to raise awareness about the snake's threat to wildlife.
. that report shows the economy at 157,000 new jobs last month. overall unemployment picked up. wall street focused on the positive. >> yes, we're growing. >> that kind of optimism and strong auto sales propel the stock market today. >>> tall-important friendly wager is in place tonight for the big game. san francisco mayor ed lee and his baltimore counterpart agreed to take part. >> i will show them the crabs down here. >> one hard core 49er fan continues to paint the town red and gold. this is a mural for private super bowl partism tim already has two large murals up in the mission district. he says he is planning the biggest 9ers mural yet when they win sunday. >>> some people are not too happy about the 49ers talk. we're talking, of course, about some folks in the raider nation. cbs 5 reporter da lin on how raiders fans plan to make it through the super bowl weekend. >> san francisco and many parts of the bay area may be experiencing the red and gold rush. many die-hard raiders fans are not having any of it. >> it is silver and black. >> some sunda
important immigration is for our economy. agriculture. workers and other laborers and already here now that are making contributions towards our future. i think today is important first step. ♪ . >> that was music to the ear of community in which many family live in the shadow because of micked immigration status. parents and older children may undocumented while younger children may american born. she has undocumented relatives and doesn't want to go into detail about the status but the news from washington excites her. >> there will be a lot of people out there who will be able to finally see, get a driver's license. get a working permit. being visible. and more opportunity. >>reporter: however concerns are also being raised about the wording of the agreement. rodriguez is policy director at the immigrant advocate group siren in san jose. >> wording that it has is that there is tough and sensible solutions for immigration reform and one that is concerns is what the tough means. >>reporter: community leaders think republican got a strong message in the november election when 7
approved a one eighth sales tax in november. that helps us. the academy economy is coming back. >> he hopes to lead the supervisors. >> the nonprofit care sharing organization is expanding adding three wheelchair accessible mini vans in to its fleet. the organization received a grant to purchase the additional vehicles. >> it has allowed people to get away at an affordable price. it has allowed people to go and do things with their families when they've never had the opportunity to do it. >> these new vans can hold up to two people using wheelchairs and up to three more passengers. they're available to city share members. >>> animal college reporting a staggering number of bird deaths today. they say new research shows that cats kill between 1.4 and 3.7 billion birds a year even more small mammals. the estimates are much higher than previous estimates and could account for 15% of the total bird population. bird and cat lovers have clashed for years over outdoor cats being allowed to roam freely. >> part of a huge stash of gold coins in nevada will hit the auction block before a san ra
says steer clear of economy paint. >> a good price is a good thing. but stay away from really inexpensive paints. none of the top picks were under $20. >> you don't need to spend top dollar. benjiman moore which can cost $68 a gallon did well burke not top rated in consumer reports latest paint tests. highest scores went to paints that cost half that much. and kensington sold at ace hardware store autos it topped our ratings in satin finish, then, semi gloss is great for trim. >> these clark and kensington paints left a smooth finish. even after a thousand passes with the stiff scrub brush. plus they're superb at hiding. you can cover hold paint you're tired of looking at. >> it's also self priming. you can save time. >> the fact gail could get paint at ace store made the job easier, too. if you hope at home depot or lows consumer reports says paints available at these stores did really well in the tests as well, home depot, several paints by behr are recommended in all sheens including premium pus ultraenamel z gliden premium for about $25 a gallon. if you prefer lowe's, cons
the economy contracted slightly last quarter. the biggest reasons was the plunge in defense spending and the biggest in 40 years. some say consumer spending picked up. the number is not as bad as it seemed. investors are waiting to see what the federal government says after a meeting of two days. we are higher with the dow starting lower, but, we have climbed back up into territory in the green there across the board and the bloomberg silicon valley index is up. amazon is share with a jump in holiday shopping and facebook is the one to watch today and tomorrow with analysts forecasting they will report a pickup in groups with results after the closing bell and watch for the company and what they have to say about mobile and showing they are monetizing mobile. in a few minutes research in motion will unveil the new blackberry 10, counting on the new operating system to reverse their failed slump, and this is a make-or-break kind of thing for research in motion which they hope to reverse sales. >> have a great day. >> starting out gorgeous and a warm up nice in the afternoon. >> nice t
the economy by keeping a federal key interest rate near zero. checking in on our numbers and where we start the day. dow jones pretty good day yesterday after some good economic reports coming in up 72.5 points. s & p also hanging on to that 1500 level. and right now the futures are mixed we'll get a better look as we get close tour the opening bell. >>> also facebook reports after the closing bell today. keep an eye on amazon stock this morning. it jumped more than 9% in premarket trade trading after quarterly products. but revenue was up 22% for the period that includes the holidays. amazon stock up 45% of all of last year. it's up 4% so far this year. >>> time now 5:21. when it comes to the super bowl, you can bet almost anything the most outrageous super bowl bets from beyonces hair to which could end up breaking the law. >>> time now 5:24. facebook will release its fourth quarter evenings after today's closing bell. a lot of analysts are expected to see strong growth. facebook has been focusing on new mobile ad campaigns that could help boost its own bottom line. experts say facebook's
a sluggish u.s. economy by keeping borrowing cheap for the foreseeable future. the fed took no new action after a two-day policy meeting. but it stood behind aggressive steps it launched in december to try to reduce unemployment. the government reported today that economic growth shrank from october through december for the first time since 2009. >> pam: just hours ago, blackberry unveiled it's newest phone. some analysts saying this could be the phone makers last chance for a comeback. here with us now -- our tech reporter gabe slate. gabe, we know blackberry has been in some financial trouble -- losing market share to apple and android devices. >> they are of really trying to change their image. let me show you the first video of these new devices caliphate one is a touch screen if the other has a keyboard they will not be on the u.s. market until the month of march. still, no price information. this makes it an act a lot like an android. they are trying to make this android hit. they want it to be more personal and haul the major social media has been integrated. they built in the scho
yesterday after reports show the economy unexpectedly contract it is a the fourth quarter. >> the federal reserve also said growth has caused in recent months. >> here's a look at the numbers. the dow lost 44. its largest drop off in three weeks. the nasdaq was down 11. and the s&p 500 fell five. >> facebook fourth quarter financial results surpassed wall street's expectations but the company's stock is deplore it extended trading. facebook earned 64 million, and the october/december. >> that is down from $360 million a year earlier when it was still a privately held company. >> revenue rose 40% to $1.59--159 billion from 1.13 billion. >> facebook has gained some any mobile users this year, that for the first time more people are checking their profiles and news feeds with their phones and set of their computers. the company's focus on putting mobile first, with new apps and features, is paying off. facebook is a large social network in the world, and it was the most used mobile app across the i o s and android devices and the nine states in 2012. that is according to recent, score number
.d.p. report showing the economy shrinking by a quarter. the dow and s&p and nasdaq traded higher and the dow not quite 14,000 yet but we are slowly getting closer and the silicon valley index is trading up under half a percent higher. chevron reporting a bump in profits but smaller than expected. are you planning on watching the super bowl? 91 percent of consumers watching the game are also looking forward to the commercials. 81 percent say they like the funny ones. 25 percent prefer sentimental commercials. you do not have to wait until the super bowl to see the ads, ads are on youtube as they get as much bang as they can get out of the 30-second spots that cost $4 million each. americans are expected to consume 79 million pounds of avocado on sunday because of the popularity of guacamole which is 158 million avocados. >> quickly, gin, we heard a lot of applause, was that for you? >> it is my fan club. actually, i don't know what it was. there was a company that went public today, so i think it may have had something to do with that. >> okay, i am sticking with my story. you have a great we
up slightly to 7.9 percent, up .1 percent from december but the economy added 157,000 jobs in january and we see how investors react to the news when wall street opens for business if less than an hour. >> we will do that originally, originally, originally, originally, originally, seashells by the seashore. i am good, everyone. >> we will start with our sat flight radar and show you the pattern going on. you can see the high pressure here but clockwise flow deflecting a system to the north, and clouds from the south, that is tomorrow's weather and the reason why we will not be so warm. the fog thickens and talked about not bay but it is hazy in more areas this morning than year. 37 inland to low-to-mid 40's around the bay and the coast and mid-50's to 60 at noon and sunny through the day with let to mid-60's in the afternoon and grab a light jacket in evening, mid-40's to low 50's. moving forward, the weekend, tomorrow, there you go, temperatures in the let to mid-60's and more sunshine and slightly warmer for sunday and monday and back in the low-to-mid 60's and possibly a few upper
. koch was credited with reviving new york city's economy in the 1970s after a crushing financial crisis. current mayor called koch today new york's most tireless, fearless and guileless civil crusader. >> dell is reportedly in talks to go private. and if the deal goes through the company would be sold to a group led by its own founder and ceo and private equity firm. the sale could top $24 billion. analysts say becoming private would allow the company to make itself over as a one stop shop for corporate technology needs away from public scrutiny. >>> it was a long time coming but right now in san francisco fans of the gold dust lounge are celebrating that famous bar reopens. >> to declare this gold dust lounge day here in san francisco. to the tune of an old time band and a mayoral proclamation it reopened in its new fisherman's wharf location. it moved there after a bitter fight with its landlord. the gold rush theme bar makes its comeback just in time for the 49ers return to the super bowl. mayor ed lee plans to stop by. >> you can see the crowds here. we love our traditional bars, ta
listening to vice- president joseph biden and they are talking about the economy certainly suffering the same thing we are suffering in the united states and right now all the european markets are down and this is part of his european trip and later he will travel to meet with the british prime minister. >> and president barack obama is pushing for gun safety proposal and as kyla campbell reports from our washington d.c. newsroom, the president got some help with the super bowl ad last night. >> reporter: not everybody saw that ad, it only aired in specific markets, mayors against specific legal guns... let's listen. >> the nra supported background checks... >> reporter: they were speaking to lawmakers in 1999 and at that time he said there should be background checks at every sale every gun show, but now he says it will lead to a national registry and president barack obama's critics say it could lead to taxes on guns or to confess sayings. -- confiscation. over he weekend, the white house released -- over the weekend the white house released this picture of president barack obama d
question is why? there are a couple of reasons. one was because the economy is good set they will drive the price at high. the basic thing is that the spring and winter blend is coming so refineries were shut down. they will switch over to that summer blend. it is more expensive and we could see prices increasing starting in april. officials are hoping a new *private bus stop at van ness and union street will help ease traffic during commute hours. the stop is for private shuttles offering service to companies like google, apple, and genentech. this will be the second bus stop of its kind in the city. there is already one near 8th and market streets. muni is hoping stops like these will keep private commuter shuttles from blocking muni busses during the commute. >> police have released the name of the teenage girl who was found dead in a fairfield park last week. but investigators are still trying to figure out who killed her and why. 13-year-old genelle conway's body was discovered friday morning at alan witt park. family members say the teenage girl was strangled, but police, who've
that the economy is rebounding. they say you can't expect the traffic to get -- you can expect the traffic to get worse. now coming up we will tell you about what city has the least amount of congestion and we will tell you, it is not anywhere in the state of california. tara moriarty ktvu channel 2 morning news. >>> all right, well our time is now 6:37, let's check on traffic. >> i don't think anything goes well with that color. now that we have cleared that up let's take a look at the commute and we are talking about the traffic and i know you probably heard that report and said it is bad. today on 880 westbound, it is a little bit slow coming from richmond to berkeley and the drive time on the bay bridge plaza is up to about 12 minutes and then if you are counting another 8 to 10 minutes on the bridge, so we are looking at the better part of the hour unless you are using the carpool lane by the way we checked with bart and bart is moving along well in and out of the city. 580 traffic is busy and this traffic time between hayward and fremont is remaining steady from 238 to howry -- mauerry aven
. president obama is ignoring the nation's economic challenges, critics say. >> our economy could use some presidential leadership right now. >> reporter: the white house insists that immigration reform is critical to helping the nation's economy, noting among those coming to the white house today for meetings with the white house, ceos from companies like yahoo! goldman sachs and c coca-cola. >> peter, thank you. >>> secretly laying out conditions for carrying out targeted killings of suspected american terrorists that are different than officials have explained publicly. according to a memo obtained by nbc news. in the memo, the justice department expands the definition of self-defense and what qualifies as an imminent threat of violence and says that these cases are lawful killings and are not assassinations. >>> let's head to wall street. cnbc's kayla tausche is at the new york stock exchange. kayla, good morning. >> good morning, natalie. speaking of the department of justice, the doj also plans to sue credit rating agency standard & poors, claiming they misled investors. this will be
, the economy building and more people finding jobs. and while edwin is moving out of the state, ruthie hopes one day to call the bay area one day home sweet home. >> we have to let it go and see where things lie. >> reporter: you will recall in 2005 the housing market was on fire. people would send letters and videos to try to obtain a house. and also have their offers on the table. it's not quite like that yet, liz. but it's getting there with the multiple offers and the difference now is that home buyers had that solid cash offer right now which actually is a good thing to build that equity as you get your foot in the door. >> the competition is so high it makes it hard. >> reporter: absolutely. >> thank you. >>> bay area headlines tonight in san jose, three home invasion suspects appeared in court. the teenagers are accused of breaking into a house in almaden valley last week tying up an elderly couple with duct tape of police say they took electronics, credit cards, cash and cars. they also are suspected in other armed robberies this month. >>> in
,000 jobs would be added and that the unemployment rate would remain at 7.8%, but the economy it add more jobs in 2012 than previously estimated with a large part of that coming in the final months of the year. >>> overnight asian markets were mostly higher, despite manufacturing data from china. and hong kong lost a fraction. >>> despite a strong start to 2013 on wall street yesterday, stocks fell, the dow closed down 49 points while the nasdaq was off a fraction. stock futures are pointing toward a higher open. >>> and the justice department filed a lawsuit challenging the planned merger of the makers of budweiser and korona they say it would hurt competition in the market and would result in higher beer prices. can't have that. >> that's just not american. no way. >> it is. >> i know you're a blackberry gal, we talked about that yesterday and there may be a good thing because iphones are great, i have one, but the bills are huge, biller than all the other phones. >> oh, yeah, iphone users pay the highest monthly bills. 60% of iphone users polled
on the economy. >> they're already here. they're already working. there will be some impact on the labor market but it will not be enormous because they are already in the market. >> reporter: they claim immigration reform takes away available jobs is largely untrue especially when you consider many of those jobs being discussed are low wage, low skilled positions which brings us to our second question. will future legalization of our immigrant population cost taxpayers millions of dollars or not? he says it depends on which part of the population you're talk ing about. those hikely to use government aid when eligible, yes. >> because they are more likely to be lower income americans than americans, the second time would be bad for the u.s. budget because it's going to cost money. >> reporter: but adding high skilled workers, which is also part of the grand proposal, will mean major economic benefits. >> increasing the college graduates and education abroad, increasing their numbers here, would be -- would increase jobs and salaries for less americans for a number of reasons. >> reporter: the c
new this morning about the u.s. economy unexpectedly contract in the fourth quarter. sometimes you have to find the story. the u.s. economy is just one step away from recession. government spending is to blame. the defense spending fell 22% the previous quarter. this is just one off of the cut. this is all tied towards the election. they are stating that maybe the president did this for them to vote for him. >> the federal reserve's are supposed to make their report and we will see how they are going. we are going to keep our policies in place. we are going to have to go back to the factories and start making more things. >> russ is asking if he should buy research in motion now that black berry is finally out? >> you do not chase performance. the company may run out of money. there is a lot of competition out there. i would not chase it. >> katherine wants to know what is the best way to buy gold? >> you see a lot of commercials about gold. there is a huge game and queens. if you do this try to buy the cheaper clones. >> you consent rob your questions on our facebook fan page and
that will boost our economy. >> i have a masters in nursing. i still cannot practice in my profession because i'm undocumented. i wouldn't be taking any job, i would be providing a job that's in high demand. >> reporter: while republican senators helped create the framework for the latest immigration, some members of the gop are not happy with it. and what they are saying, when i see you next. >>> here in the bay area, some are excited about true immigration reform. in the canal district many immigrants say they hope it leads to a path to citizenship. many here say allowing people to legalize their status is better for everyone. >> little by little, everyone benefits. they will benefit, the country will benefit. >> in california, illegal immigrants make up almost 7% of the population. supporters of immigration reform in california are holding public viewings of president obama's speech. here in the bay area there will be public viewing at our lady of guadalupe church at 2020 east san antonio street. that begins at 11:55 a.m. >>> 7:17. in just two hours, the young woman accused in last month's d
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